> For the complete documentation index, see [llms.txt](https://shibaswraps.gitbook.io/us/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://shibaswraps.gitbook.io/us/shibawap-exchange.md). # Shibawap Exchange ### What is Shiba Inu (SHIB)? Shiba Inu (SHIB) is a meme token which began as a fun currency and has now captured mainstream attention as a meme coin. What started of as a meme coin has attracted a decent following of developers who have built a decentralized ecosytem around the token, including a dedicated [L2 chain Shibarium](https://www.coingecko.com/learn/shibarium-shiba-inu-ecosystem). During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet. The price of SHIB has soared from as low as $0.000000000056 to an all time high of $0.000084, that is a 150,000 times increase within 8 months. As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world. \ What has the Shiba Inu community worked on? The Shiba Inu team launched a decentralized exchange called [Shibaswap](https://www.coingecko.com/en/exchanges/shibaswap) with 2 new tokens, LEASH and BONE. [LEASH](https://www.coingecko.com/en/coins/doge-killer) is a scarce supply token that is used to offer incentives on Shibaswap. [BONE](https://www.coingecko.com/en/coins/bone-shibaswap) is the governance token for holders to vote on proposals on Doggy DAO. More recently, the team has also launched [Shibarium](https://www.coingecko.com/learn/shibarium-shiba-inu-ecosystem), a dedicated L2 chain surrounding the Shiba Inu (SHIB) token. #### Where can you buy Shiba Inu? SHIB tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Shiba Inu is [DigiFinex](https://www.coingecko.com/en/exchanges/digifinex), where the most active trading pair SHIB/USDT has a trading volume of $1,637,174 in the last 24 hours. Other popular options include [Gate.io](https://www.coingecko.com/en/exchanges/gate-io) and [Bitget](https://www.coingecko.com/en/exchanges/bitget). #### What is the daily trading volume of Shiba Inu (SHIB)? The trading volume of Shiba Inu (SHIB) is $160,151,738 in the last 24 hours, representing a -17.20% decrease from one day ago and signalling a recent fall in market activity. #### What is the all-time high for Shiba Inu (SHIB)? The highest price paid for Shiba Inu (SHIB) is $0.00008616, which was recorded on Oct 28, 2021 (about 2 years). Comparatively, the current price is -87.70% lower than the all-time high price. #### What is the all-time low for Shiba Inu (SHIB)? The lowest price paid for Shiba Inu (SHIB) is $0.000000000056366, which was recorded on Nov 28, 2020 (about 3 years). Comparatively, the current price is 18,802,083.70% higher than the all-time low price. #### What is the market cap of Shiba Inu (SHIB)? Market capitalization of Shiba Inu (SHIB) is $6,248,251,534 and is ranked #18 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SHIB tokens (590 Trillion tokens are tradable on the market today). #### What is the fully diluted valuation of Shiba Inu (SHIB)? The fully diluted valuation (FDV) of Shiba Inu (SHIB) is $10,602,800,999. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Quadrillion SHIB tokens are in circulation today. Depending on how the emission schedule of SHIB tokens are designed, it might take multiple years before FDV is realized. #### How does the price performance of Shiba Inu compare against its peers? With a price increase of 1.60% in the last 7 days, Shiba Inu (SHIB) is outperforming the [global cryptocurrency market](https://www.coingecko.com/en/global-charts) which is up 0.10%, while underperforming when compared to similar [Ethereum Ecosystem](https://www.coingecko.com/en/categories/ethereum-ecosystem) cryptocurrencies which are up 12.70%. #### How to add Shiba Inu (SHIB) to MetaMask? Adding Shiba Inu (SHIB) to [MetaMask](https://www.coingecko.com/learn/complete-beginners-guide-to-metamask) allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SHIB as a token. You can copy SHIB’s contract address (0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce) and import it manually, or if you've installed MetaMask's chrome extension, add SHIB to MetaMask with one click on CoinGecko.